Vivint Hires AT&T Exec Rasesh Patel as New COO
During his time at AT&T, Patel was responsible for its portfolio-wide P&L with $35B of annual revenue, as well as its integrated platforms, products and solutions.
During his time at AT&T, Patel was responsible for its portfolio-wide P&L with $35B of annual revenue, as well as its integrated platforms, products and solutions.
The Attorney General’s Office alleges that Vivint, primarily through its door-to-door salespeople, made false representations to induce Arizona consumers to enter into contracts.
Ron Davies previously served as president and CEO of Safe Auto Insurance Group, where he transformed the business into a technology-driven industry leader.
Vivint also reported its lowest subscriber attrition rate in more than three years of 11.3% in its latest quarter.
Vivint reports its Q3 2021 financials show a 21.3% increase in revenue to $386.7 million, up $68 million from the previous year’s Q3.
Following a lawsuit brought on by Big Blue last year, Vivint has countersued claiming ADT is in fact the one stealing customers.
Donations from Vivint employees will help send school supplies across the nation, along with sending underprivileged students to STEM camps.
ADT has asked the United States International Trade Commission and federal court to enforce smart home technology patents.
The Pool Alerts feature will automatically record a clip and send a notification to the user’s phone if someone enters the pool area.
Bywater previously served as CEO of Vivint Solar, where he oversaw the execution of its merger transaction with Sunrun, among other accomplishments.